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BTCUSD Bitcoin

72,735.02

3,420.38 (4.93%)

08:32:48 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,444,088,896,313	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	3,420.38	4.93%	72,735.02	72,735.02	72,735.03

High Price	Low Price	Open Price	Prev. Close	52 Week Range
75,410.10	69,285.82	69,416.55	69,314.64	34,530.67 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	08:32:48	0.002444	72,735.03	USD

Price x Volume	Volume	Base Symbol	Related Pairs
1,835,120,224.44	25,007.87	BTC	BTCEUR	BTCGBP	ETHBTC

Bitcoin Price Back On The Rise as Trump Leads the Pack: Rally to Continue?

06/11/2024 2:41am

NEWSBTC

Bitcoin price is surging again above $70,000. BTC is showing signs of strength and might even clear the $73,500 resistance zone amid Trump’s lead. Bitcoin started a fresh surge above the $70,000 zone. The price is trading above $71,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $68,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could struggle to rise above the $73,000 resistance zone. Bitcoin Price Surges Over 5% Bitcoin price remained stable the $65,500 support zone. A base was formed and BTC price started a fresh surge above the $68,500 resistance. Trump is clearing leading and sparking a fresh rally in BTC. The price gained over 5% and cleared the $70,000 barrier. It surpassed the 50% Fib retracement level of the downward move from the $73,574 swing high to the $66,836 low. There was a break above a key bearish trend line with resistance at $68,450 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $72,000 and the 100 hourly Simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $73,574 swing high to the $66,836 low. On the upside, the price could face resistance near the $72,800 level. The first key resistance is near the $73,200 level. A clear move above the $73,200 resistance might send the price higher. The next key resistance could be $74,500. A close above the $74,500 resistance might initiate more gains. In the stated case, the price could rise and test the $75,000 resistance level. Any more gains might send the price toward the $78,000 resistance level. Are Dips Limited In BTC? If Bitcoin fails to rise above the $73,200 resistance zone, it could start another decline. Immediate support on the downside is near the $72,000 level. The first major support is near the $71,200 level. The next support is now near the $70,500 zone. Any more losses might send the price toward the $70,000 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $72,000, followed by $71,200. Major Resistance Levels – $72,800, and $73,200.

1 Year Bitcoin Chart

1 Year Bitcoin Chart

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1 Month Bitcoin Chart

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